fbpx
USDJPY Ananlysis

Daily Market Analysis 14.09.2022: USDJPY

Instrument: USDJPY

Technical Analysis

Bullish Preference:  
A buy position is envisaged if price trades above 143.783 with take profit at  144.098
Bearish Preference: 
A sell position is envisaged if price trades below price 142.826 with take profit at 142.512
Fundamentals:
1:30  USD: PPI m/m            
         Core PPI m/m

Comment: 
The U.S. dollar stabilized in early European trade Wednesday, pausing for breath after the previous session’s sharp gains in the wake of the hotter-than-expected U.S. inflation report. U.S. inflation turned out stronger than expected in August. In particular, the so-called ‘core CPI’ rose a thumping 0.6%, twice what was expected, driving the annual core inflation rate up to 6.3% from 5.9% in July. That’s the highest it’s been since the 40-year high that it hit in March.

Analysis: SCRUM Team

Leave a Comment

Your email address will not be published.

×
Free Online Class
Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Compare
Wishlist 0
Open wishlist page Continue shopping